— Wix.com Ltd. (NASDAQ: WIX) reported its fourth-quarter 2019 adjusted earnings of $0.39 per share versus $0.31 per share expected.
— Revenue grew by 25% to $204.6 million versus $205.53 million expected.
— Collections rose 29% to $226.7 million. GAAP net loss was $0.42 per share compared to a net loss of $0.12 per share in the prior-year quarter.
— For fiscal 2020, Wix.com expects revenue to be $946 million to $956 million, representing a year-over-year growth of 24-26%. Collections are expected to be between $1.020 billion and $1.035 billion.
— For the first quarter of 2020, revenue is estimated to be in the range of $215 million to $217 million. Collections are touted in the range of $247 million to $249 million.
— WIX stock was down about 10% in the pre-market trading hours.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion